Shrimp export hit a record high of nearly 2.4 billion
Despite of many hardships in shrimp producing and exporting in 2011, Vietnam shrimp industry reaped rich rewards of US$2.396 billion in export value. Hiking price of shrimp at the early months of the year was attributable to the record high exports. The shortage of shrimp supply from major suppliers such as Indonesia, China or Vietnam pushed up the global shrimp price while import demand from main consumers (the U.S., EU, South Korea) remained at the high levels. This helps Vietnam shrimp industry to gain encouraging results in 2011.
In 2011, Vietnam shrimp was shipped to 91 markets worldwide with export revenue of US$2.4 billion, up 13 percent over 2010. Japan, the U.S., EU, China (including Hong Kong) and South Korea are 5 largest shrimp importers, making up 81.7 percent of the proportion of Vietnam shrimp export value.
In which, Japan was the leading importer with the export value of US$607.2 million, occupying 25.3 percent, followed by the U.S. (US$558.5 million), EU (US$412.8 million), China (US$223.6 million) and South Korea (US$157.5 million).
Viet Nam won the anti-dumping duty case against the US
In the middle of July/2011, World Trade Organization (WTO) judges released the final decision on the U.S.’s “zeroing” method to impose anti-dumping duty on frozen shrimp from Vietnam.
In WTO’s conclusion, the U.S.’s using the zeroing method in calculating anti-dumping margins of Vietnam shrimp in two phases of administrative review from 1st Feb 2006 to 31st Jan 2007 and 1st Feb 2007 to 31st Jan 2008 violated WTO rules and the U.S. was requested to adjust its duty calculation method in accordance with WTO principles.
The panel concluded that the U.S.’s using available data to calculate anti-dumping duty was inconsistent to WTO rules. Many shrimp exporters of Vietnam used to pay 25 percent duty rate which hampered them to export their shrimp products to the U.S.
WTO’s final decision requested the U.S. to remove this calculation in the next administrative period of review. This is an opportunity for shrimp exporters which do not dump their products to retreat from the case. WTO’s the decision contributed to promote Vietnam shrimp exports to the U.S.
Important role of whiteleg shrimp
In 2011, black tiger shrimp exports of Vietnam reached US$1.430 million, equal to the figure of 2010. Yet, in 2011, whiteleg shrimp exports of Vietnam reached US$704 million, showing an increase of 70%. In 2011, epidemic hit mass industrial farming area of black tiger shrimp in Soc Trang, Bac Lieu, Can Tho, Ca Mau provinces. More than 81,000 hectares of black tiger shrimp farming were hit by plague.
Many shrimp exporters considered to import raw material, however, a lot of complicated procedures as well as high import duty prevented them from importing. Whiteleg shrimp business brought a lot of achievements for shrimp producers and exporters in 2011.
Outlook
It is too early to make outlooks for shrimp industry in 2012. But, in the short-term, Vietnam shrimp exports continued to gain substantial results because prawn supply from Thailand was deficient due to flood and importing demand from the U.S., EU and South Korea will remain at high levels.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
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